Tuesday, August 2, 2011

Experts Skeptical That Debt Deal Will Result In Significant Military Spending Cuts

This afternoon, the Senate approved the debt deal that the House of Representatives passed last night. The deal will raise the debt ceiling $2.3 trillion and in exchange will cut and cap federal spending in ways largely considered to be deleterious to the economy. However, the deal does contain possible defense cuts. The Obama administration [...]

Source: http://thinkprogress.org/security/2011/08/02/285619/experts-skeptical-deal-defense/

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